Blackstone Group's most recent quarterly dividend payment of $0.83 per share was made to shareholders on record before Apr 26, 2024. The payout stands at $3.36 per share annually, which works out to a dividend yield of 2.4%. The latest BX stock dividend of $0.83 is a decrease from the previous $0.94 distribution, representing a change of -12%.
Blackstone Group's dividend yield of 2.4% is lower than the Financial Services sector and the industry average. If we compare it with the Financial Services sector average of 2.85%, Blackstone Group's dividend yield is 16% lower. The historical 5-year average of BX's dividend yield is 3.6%, which is more than the current one.
Blackstone Group has been paying dividends for the last 17 years. According to our data BX has issued four quarterly dividends in the last twelve months. The annualized DPS has decreased by 14% for the last year. And since the stock price has gone up by 34% from a year ago, the dividend yield has decreased by 36%.
| Ex-date | Payment date | Declared on | Amount | Type |
|---|---|---|---|---|
| Apr 26, 2024 | May 6, 2024 | Apr 18, 2024 | $0.83 | normal |
| Feb 2, 2024 | Feb 12, 2024 | Jan 25, 2024 | $0.94 | normal |
| Oct 27, 2023 | Nov 6, 2023 | Oct 19, 2023 | $0.8 | normal |
| Jul 28, 2023 | Aug 7, 2023 | Jul 20, 2023 | $0.79 | normal |
| Apr 28, 2023 | May 8, 2023 | Apr 20, 2023 | $0.82 | normal |
| Feb 3, 2023 | Feb 13, 2023 | Jan 26, 2023 | $0.91 | normal |
| Oct 28, 2022 | Nov 7, 2022 | Oct 20, 2022 | $0.9 | normal |
| Jul 29, 2022 | Aug 8, 2022 | Jul 21, 2022 | $1.27 | normal |
| Apr 29, 2022 | May 9, 2022 | Apr 21, 2022 | $1.32 | normal |
| Feb 4, 2022 | Feb 14, 2022 | Jan 27, 2022 | $1.45 | normal |
| Oct 29, 2021 | Nov 8, 2021 | Oct 21, 2021 | $1.09 | normal |
| Jul 30, 2021 | Aug 9, 2021 | $0.7 | normal | |
| Apr 30, 2021 | May 10, 2021 | Apr 22, 2021 | $0.82 | normal |
| Feb 5, 2021 | Feb 16, 2021 | Jan 27, 2021 | $0.96 | normal |
| Nov 6, 2020 | Nov 16, 2020 | Oct 28, 2020 | $0.54 | normal |
| Jul 31, 2020 | Aug 10, 2020 | Jul 23, 2020 | $0.37 | normal |
| May 1, 2020 | May 11, 2020 | Apr 23, 2020 | $0.39 | normal |
| Feb 7, 2020 | Feb 18, 2020 | Jan 30, 2020 | $0.61 | normal |
| Nov 1, 2019 | Nov 12, 2019 | Oct 23, 2019 | $0.49 | normal |
| Jul 26, 2019 | Aug 5, 2019 | $0.48 | normal |
Blackstone Group's payout ratio of 118.3% is above the Financial Services sector and the industry average. Compared to its Financial Services sector average of 41.2%, Blackstone Group's payout ratio is 187% higher.
Yes, Blackstone Group has been paying dividends for the last 17 years.
BX's next dividend is scheduled on Jul 29, 2024 (ex-date).
Blackstone Group's last dividend ex-date was on Apr 26, 2024. The dividend amount was $0.83 per share.
BX's annualized dividend per share is $3.36.
The current dividend yield of Blackstone Group is 2.4%.
Blackstone Group has a quarterly dividend frequency.
Blackstone Group's dividend payout ratio is 118.3%.
Blackstone Group's dividend yield is less than the Financial Services sector average.